Invest In Affordable Housing - Asenso-Boakye To Private Developers

The Minister for Works and Housing, Hon. Francis Asenso-Boakye has called on private developers within the housing sector to embrace the new government affordable housing programme and invest more to bridge the housing deficit which has been prevalent in the country.
 
The Ministry for Works and Housing has recently developed a new framework that commits it to reduce up to 40% of the construction cost through the provision of land, infrastructural services, tax incentives and exemptions in an effort to ensure that houses developed for sale to the public are not only safe, decent but very affordable to the citizenry.
 
With majority of Ghanaians requiring some form of support to access housing, Hon Asenso-Boakye said this is the only way through which people can be cushioned against the high cost of acquiring a decent accommodation and positively affect the lives of the larger population.
 
The Minister for Works and Housing made these known when he launched the Harmonia Residence, a private residential project by VAAL Real Estate in Accra.